NCL Industries reported a seven per cent year-on-year growth in cement sales volume, reaching 794,096 Mt in the fourth quarter of FY 2024–25, up from 729,655 Mt in the same period last year. Cement production also rose eight per cent to 790,663 Mt.

However, other business segments saw declines: – Cement board production fell five per cent to 20,767 metric tonne, with sales down six per cent to 20,438 Mt. – Ready-mix concrete (RMC) production and sales dropped 14 per cent to 73,954 cubic metres – Door production and sales declined 23 per cent, totalling 4,725 units – Hydropower generation and sales stood at 3.09 Mn units during the quarter

NCL Industries, which manufactures cement, cement-bonded particle boards, ready-mix concrete, and doors, reported a significant dip in consolidated net profit in the previous quarter (Q3 FY25), falling 87.94 per cent to Rs 29.8 Mn. This was attributed to a 32.4 per cent drop in sales to Rs 3.41 Bn compared with the year-ago period. The company’s share price closed at Rs 193.90 on the BSE on Friday, up 0.70 per cent.

Source: Capital Market – Live News